(a) Private Limited Company
A private limited company is a voluntary association of not less than two and not more than fifty members, whose liability is limited, the transfer of whose shares is limited to its members and who is not allowed to invite the general public to subscribe to its shares or debentures.
(b) One Person Company
An OPC is a hybrid structure, wherein it combines most of the benefits of a sole proprietorship and a company form of business. It has only one person as a member who will act in the capacity of a director as well as a shareholder. Thus, it does away with the hassles of finding the right kind of co-partner/s for starting a business as registered entity. The best part is, legal and financial liability is limited to the Company and not the member. Hence, you do not need to share your piece of cake in the name of partnership. You have an idea…You own it! Start your own OPC...
(c) Limited Liability Partner Ship
Limited Liability Partnerships (LLP) is a hybrid of Company and Partnership firm. LLP is body corporate, where the liability of its partner is not unlimited but limited to the extent of capital agreed to be provided and one partner is not responsible or liable for another partner’s misconduct or negligence...
(d) Partnership
Partnership is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into partnership are called, “partners” and collectively “a firm”...
(e) Proprietorship
Proprietorship, is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the business. The owner receives all profits and has unlimited responsibility for all losses and debts...